# Quantitative Methods

• ## Simple partial and multiple correlation

Simple partial and multiple correlation This depends upon number of variable studied. When only two problems are studied then it is simple correlation. When three...

• ## What is Range?

Range–   Range is simplest method of studying dispersion. It is the difference between the value of the smallest item and the value of the...

• ## How is probability calculated?

Calculation of probability-  Experiments and events– The term experiments refer to describe an act which can be repeated under some given conditions. Random experiments are...

• ## What is the significance of correlation?

Significance of correlation Most of the variables show some kind of relationship like there is relationship between price and supply and income and expenditure. With...

• ## Moments

Moments are the sum of the deviations. It is the sum of the deviation is also known as the first moment of dispersion. It is...

• ## What is Binomial Distribution?

BINOMIAL DISTRIBUTION-   Binomial distribution is known as Bernoulli distribution is associated with the name of a Swiss mathematician James Bernoulli. Binomial distribution is a...

• ## Quartile deviation

Quartile deviation   It represents the difference between third quartile and first quartile.   Q.D. = Q3 –Q1 / 2   Coefficient of Quartile deviation;-...

• ## What is probability?

In day to day conversation we normally use the terms chance etc. and generally people have a vague idea about its meaning. For example we...

• ## Kurtosis

Kurtosis is the degree of peaked ness of a distribution, usually taken relative to a normal distribution. If a curve is peaked then a normal...

• ## What is the importance of quantitative techniques?

Basis for scientific analysis– With the increase in complexities of modern business it is not possible to rely on the unscientific decisions based on...

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